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Drift Trade Review: What Should You Check First?

Drift is a Solana-based app for on-chain perpetual and spot trading. Key details about fees, wallet support and its listed audits are not established, so check them before connecting funds.

By the SkyBitcoins review team · Updated

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At a glance

Drift Trade key facts

Drift Trade key facts
TypeOn-chain perpetual and spot trading
ChainSolana
TokenDRIFT
AuditsTwo listed; names and findings unknown
Value locked$638K−0.6% 7d
Updated

Drift Trade FAQs

What is Drift Trade?

Drift is a decentralized trading protocol on Solana for perpetual futures and spot trading. Its description also identifies cross-margining as a feature.

What fees does Drift charge?

Drift has not published fee details in the information available here. Check the app’s current trading and borrowing costs before placing an order.

Has Drift been audited?

Two audits are listed, but their names, scope and findings are not established here. That listing alone is not enough to judge the protocol’s security.

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How we checked

Sources

  1. defillama.com/protocol/drift-trade(opens in a new tab)

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